German House approves Merz’s spending surge as allies cheer
Germany’s parliament has passed a significant spending initiative to revive growth and enhance military capabilities against potential threats. Conservative leader Friedrich Merz aims to establish a €500 billion fund for infrastructure and ease borrowing limits for defense spending, reflecting a shift in Germany's fiscal policy. The legislation awaits final approval from the Bundesrat.
Germany’s parliament has passed a significant spending initiative to revive growth and enhance military capabilities against potential threats. Conservative leader Friedrich Merz aims to establish a €500 billion fund for infrastructure and ease borrowing limits for defense spending, reflecting a shift in Germany's fiscal policy. The legislation awaits final approval from the Bundesrat. What's Your Reaction?
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